TIAMA (msc & sgcc) – expands its expertise at the hot-end with Gedevelop’s glass container activity acquisition

Date: 10 January 2014
Source: Contact: marketing@tiama.eu
On the 20th of December, TIAMA, leading player in the field of on-line process and quality controls, has undertaken a strategic move to strengthen its position in the hot-end product range by acquiring the glass container activity of the Swedish company Gedevelop.

Gedevelop’s glass container business unit, now “TIAMA Sweden”, is a hot-end specialist in inspection solutions for the glass industry worldwide.Its activities comprise the design, development, manufacturing, supply and service of non-intrusive control, measurement and inspection equipment, for the world’s glass container industry.

On one hand, Gedevelop (glass container business unit) enjoys a solid position in the hollow glass industry with a 27 years’ experience and a bestseller system: the Gob Image Analyser (GIA) and new products to come. The GIA is operational all over the world with 350 units installed on IS machines in all major glass groups such as O-I, Verallia, Ardagh, Vidrala, Sisecam, Vitro, Vetropack and more… On the other hand, the French TIAMA with its worldwide network and its strong R&D, ensures to boost Gedevelop products.

Through this acquisition, TIAMA is building a comprehensive range of hot-end solutions dedicated to glassmakers. The company remains firmly focused on its future.

“At this point, we are already thinking much larger than the current offer, building a complete range of new solutions organized as modules: each “brick” brings a simple process improvement solution.

Indeed, we believe in affordable, easy-to-use solutions helping glass experts to better control the production process.” explains Laurent Barel, the Hot-end product manager.

“TIAMA-Sweden” (former Gedevelop’s glass container activity) enables to accelerate TIAMA’s contribution to process efficiency with its new range: “Tiama Hot Systems” modules.

With its “Tiama Intelligence Tools”, with its “Tiama Hot Systems” and cold-end range, the loop is closed. At this stage, TIAMA is excited to stand so close to the final introduction of this innovative concept to the glass industry. It is the M&A Bank Canaccord Genuity that supported TIAMA in this strategic acquisition.

600450 TIAMA (msc & sgcc) – expands its expertise at the hot-end with Gedevelop’s glass container activity acquisition glassonweb.com
Date: 10 January 2014
Source: Contact: marketing@tiama.eu

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